August 12, 2021 – New Canaan Funding Mezzanine VII SBIC, LP (“NCF VII SBIC”) provided financing to support the acquisition of Corporate Visions, Inc. (“CVI” or the “Company”) by The Riverside Company (“Riverside”). NCF provided debt and equity financing as part of this acquisition.
CVI, headquartered in Reno, Nevada, is a leading provider of outsourced sales, marketing, and customer success training to the world’s largest business-to-business companies, offering research-backed training rooted in decision science. The Company’s four core solutions are messaging, content, training, and reinforcement. CVI’s solutions help clients achieve revenue-generating initiatives and develop content through its in-house research division, which performs behavioral research, neuroscience, and field trial studies to better understand consumer buying behaviors.
New Canaan Funding (“NCF”), with offices in Naples, Florida, New Canaan, Connecticut and Wheaton, Illinois, is a mezzanine firm focused on the middle market private sponsor community. Since its beginnings in 1995, NCF has targeted acquisitions, recapitalizations and growth financings in conjunction with its private equity clients. NCF is currently investing out of its seventh fund. The investment in CVI represents NCF VII SBIC’s fourth investment in the fund. This financing represents the eighteenth investment with Riverside, including fifteen investments made in the prior NCF investment vehicles.
The Riverside Company fosters long-term growth through fundamental operating improvements and add-on acquisitions, preferring to partner with sellers seeking to remain involved in the company and working together to drive growth. Through more than 600 investments, Riverside has honed its approach to sourcing ‘little leading’ companies with teams of financial and operational experts delivering a fair, fast process that aims to provide successful outcomes.
Contact and additional information for The Riverside Company can be found at https://www.riversidecompany.com.
Contact at New Canaan Funding: